Ge Cap. Small Business Finan Corp Provides SBA Loan to Buy Quiznos Franchise
Need a loan to invest in a Quiznos franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Quiznos franchise requires some effort but others before you have been successful. In 2002, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in San Francisco, California. Because Quiznos was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
QUIZNO'S CLASSIC SUBS
SAN FRANCISCO, CA 94107
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/9/2002
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
This SBA loan was for $160,000. How would you spend $160,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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